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sur Scandinavian Astor Group AB (isin : SE0019175274)

Scandinavian Astor Group AB Sees Potential from Swedish Defense Investment

The Swedish government's recent investment of SEK 3.5 billion into anti-drone systems provides a significant opportunity for Scandinavian Astor Group AB. The company, through its subsidiary Oscilion, is well-positioned to benefit as Oscilion is a leading manufacturer of drone jammers, crucial for this defense upgrade.

Oscilion stands out as the only Swedish company able to deliver a proven electronic warfare jammer, making it a likely candidate for domestic orders. With previous orders valued at SEK 36 million, the potential market could grow to SEK 350-700 million, depending on the allocation of the new budget.

Recent drone disruptions at European airports highlight the need for such technologies. As procurement accelerates, Astor's market-ready solutions provide a competitive edge over others still in development.

R. E.

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